J2 Global Completes Four Acquisitions in Q4 2020

Rhea-AI Summary

J2 Global, Inc. (Nasdaq: JCOM) has completed four acquisitions in Q4 2020, enhancing its customer base and market reach. The acquired companies include RetailMeNot, Inspired eLearning, The Aberdeen Group, and Logiva A/G, focusing on digital media and cloud services. Details for RetailMeNot's acquisition were disclosed, while terms for the others remain undisclosed. The financial impact from these acquisitions is not anticipated to be material for J2 Global.

Positive

• Expansion of customer base through four acquisitions.
• Increased access to new markets in digital media and cloud services.

Negative

• Financial terms of three acquisitions remain undisclosed.
• Financial impact expected to be non-material, indicating limited immediate benefit.

J2 Global, Inc. (Nasdaq: JCOM), a leading Internet information and services company, announced today that it completed four acquisitions in the fourth quarter of 2020.

The acquisitions listed below grow J2’s global customer base, provide access to new markets and expand J2’s product lineup. The acquisitions include:

RetailMeNot, Inc. (equity)		Digital Media (USA)
Inspired eLearning, LLC (equity)		Cloud Services (USA)
The Aberdeen Group, LLC (equity)		Digital Media (USA)
Logiva A/G (equity)		Cloud Services (Denmark)

Certain terms of the RetailMeNot acquisition were disclosed publicly by J2. Terms of other acquisitions were not disclosed, and the financial impact to J2 is not expected to be material.

About J2 Global

J2 Global, Inc. (NASDAQ: JCOM) is a leading Internet information and services company consisting of a portfolio of brands including IGN, Mashable, Humble Bundle, Speedtest, PCMag, RetailMeNot, Offers.com, Spiceworks, Everyday Health, BabyCenter and What To Expect in its Digital Media segment and eFax, eVoice, iContact, Campaigner, Vipre, IPVanish and KeepItSafe in its Cloud Services segment. J2 Global reaches over 230 million people per month across its brands. As of December 31, 2019, J2 Global had achieved 24 consecutive fiscal years of revenue growth. For more information, visit: www.j2global.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210106005195/en/

FAQ

What acquisitions did J2 Global complete in Q4 2020?

J2 Global completed four acquisitions: RetailMeNot, Inspired eLearning, The Aberdeen Group, and Logiva A/G.

What is the significance of the RetailMeNot acquisition for J2 Global?

The RetailMeNot acquisition is expected to enhance J2 Global's digital media segment and expand its customer base.

Is the financial impact of J2 Global's acquisitions significant?

The financial impact from these acquisitions is not expected to be material.

In which sectors are J2 Global's recent acquisitions focused?

The acquisitions are primarily in the digital media and cloud services sectors.